advantage loans

[beccaw]

is it a scam? do they ever pay out?

[squiperly]

I don't know much about this outfit, but personally I would consider 2 things - (1) a secured loan means that if things go wrong you could lose your home and (2) I would much prefer to use a bank or building society, they tend to be alot more open about the terms and conditions. There are loan rates of around 5% with some of them. Have you looked at www.moneyextra.com ?
You can see the best deals on the market, and compare to see which would be best for you.
I'm always wary of companies that do a lot of expensive advertising - if it sounds too good to be true, it probably IS!
All the best.

[dans1977uk]

I'm a mortgage & secured loan advisor but haven't heard of the scheme you're talking about. There is a company called Advantage Home Loans who I know of but don't use so perhaps it's them?

I'll never give my email address, phone number or name to anyone on here to prove I don't want to sell things but let me know (by submitting another answer) more about the scheme and perhaps I can help.

I would say that there are stringent rules on advertising for borrowing over �25,000 so read any ad really carefully including all the boring small print so be careful. As the last answerer said, don't pay any more than around 6% - 8% APR for a secured loan unless you have a poor credit rating

[Loosehead]

This company do not lend money, they charge a fee for attempting to find a company that will. People considering this are doing so because they have a bad credit record and therefore cannot get a loan from normal sources. Most of the time they are not able to find a lender but will keep the fee for trying. Do not touch with the proverbial barge pole.

[beccaw]

thanx to every one who gave their advice on my question, iv decided to find a diferent lender as they are acting dodgy & after reading every one elses questions they are dodgy... hehe! loosehead luving your answer!